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How do Keynesians and classicals differ in their beliefs about how long it takes the economy to reach long-run equilibrium? What implications do these differences in beliefs have for Keynesian and classical views about the usefulness of antirecessionary policies? About the types of shocks that cause most recessions?
If the government of Amityville used a subsidy of $S per unit to encourage the optimal amount of chocolate production, illustrate what level should that subsidy be.
If the carpet cleaning business is perfectly competitive, calculate the optimal output for this firm. How many firms are in the local market
What is the unemployment rate when this economy is at full employment, What kind of unemployment exists at this time
The cost of the concert ticket is $50. What is the opportunity cost of Tammie's trip to the concert and the monthly productivity of two workers is as follow: Alex 300 Pants & 100 bikes and Joel 100 pants & 50 bikes.
Define the concept of marketing mix and various strategies that can be used in each marketing strategies.
Assume a randon variable x, that is uniformly distributed between 25 and 50. a. What is the mean of x? b. What is the standard deviation of x? c. What is the probability that x is between 28 and 37?
Explain why the total fixed cost is the same, or constant, for all amounts of mystery novels that Randy sells.
Discuss the role of the FOMC and the three major policies it implements to help regulate banks. Briefly describe the equation used to measure bank reserves and the definition of the federal funds rate.
Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real GDP is 2 percent above potential GDP. According to the Taylor rule, in what direction and by how much should the Fed change the real federal funds rate?
Explain the reasons for low inflation in Australia in the recent past. (Do not copy and paste from the article, write in your own words, word limit: strictly 250 or less.). Do your own (web or otherwise) research and explain a possible relationshi..
Assume a Nissan dealer in the U.S. bought 30 Maximas directly from Japan at a cost of $20,000 per car in the fall of 2002. By December 31, 2002.
When does John finish in the alternative system if he is sophisticated? Does it make a big difference to a naive hyperbolic discounter whether he is in a day-by-day-penalty or deadline system? Explain intuitively.
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